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Cryptocurrency News Articles
Predicting October 2024: Crypto Investors Anticipate a Bullish “Uptober”
Sep 24, 2024 at 10:14 pm
As we step into October, investor outlook is notably optimistic, with roughly 75.3% of investors worldwide expecting a bullish trend commonly referred to as Uptober.
October is usually the best month for cryptocurrencies, and this year it could be especially lucrative for traders around the world. Known as «Uptober», October this year is setting itself up as one of the best in years, as BTC is on the verge of entering the next bull run that could result in new all-time highs and billions of dollars of capital influx to the market.
If BTC picks up enough momentum, most altcoins will follow, but the biggest gains are expected for emerging cryptos that will go live in the next few months. Pepe Unchained, Crypto All-Stars, and MemeBet Token are the projects expected to result in the highest gains, so don’t miss your chance to invest while they are still available for cheap.
>>>Find The Best Cryptos Here<<<
Predicting October 2024: Crypto Investors Anticipate a Bullish “Uptober”
As we step into October, investor outlook is notably optimistic, with roughly 75.3% of investors worldwide expecting a bullish trend commonly referred to as Uptober. Nearly half or 48.3% expect a market increase of between 5% and 10%, while 20.4% predict stronger growth, ranging from 10% to 20%. The most optimistic group of around 6.6%, is even more hopeful, projecting gains exceeding 20%, so it’s safe to say that October will bring gains in some form or shape.
>>>Find The Best Cryptos Here<<<
Global Crypto Market’s Uptober
The anticipation for Uptober is largely influenced by Bitcoin’s historical October trends. The favorable market sentiment in the past weeks is backed by over 50% of investors, showing growing confidence in an Uptober surge. Significant contributors to the expected price surge includes institutional adoption, and pivotal catalyst events likely to result in an influx of capital over the course of the next 30 to 45 days.
Emerging crypto-friendly regulations all over the world are also seen as a key factor for driving the growth of crypto markets, further fueling investor optimism. Most of them expect to see growth for popular altcoins including Solana, Ethereum, Ripple, and others, while the largest explosion is expected for cryptos still available in presale.
>>>Find The Best Cryptos Here<<<
Bitcoin On The Way To Hit New ATH of $80,000
The main question is whether Bitcoin will break the $80,000 threshold. 51% of investors are highly optimistic that BTC will reach this goal during Uptober. The remaining 49% think that it will take longer, and that BTC will hit the $80K mark in late 2024 or early 2025.
The positive outcome is largely dependent on Trump winning the upcoming U.S. Presidential election, which could potentially boost Bitcoin prices as he’s a strong advocate for widespread crypto adoption. The situation is evolving quickly, and considering all the numbers, the only way the crypto market can go from here is up. That brings us to a few investment options that will likely outperform BTC and other altcoins in the same period, so let’s check them out in more detail.
Pepe Unchained – First Ever Layer 2 Meme Coin ICO Hits $15 Million
Pepe Unchained has been one of the most successful meme coin presales in 2024, and if the current hype continues until it goes live, it could become the highest-gaining new release this October. The project has raised $15 million so far, showing that it has plenty of backing by investors worldwide. What separates $PEPU tokens from all others is excellent utility and their Layer 2 design, which allows users to make 100 times faster transactions at much lower fees than all other memes on the market.
The project features the world-famous Pepe the Frog meme character, using it as leverage to attract investors. That allowed it to climb the «popularity» ladder, making it one of the most successful ICOs this year, and combined with high staking APYs surpassing 140%, it’s clear why it’s one of the rare few cryptos expected to explode in the next few months.
The project has a total of 8 billion $PEPU tokens, allocated in a way to cover all essential costs, including DEX liquidity, marketing, and others, with 30% reserved for staking rewards that will be given out in the next two years. Over 1.1 billion $PEPU tokens have been staked already, so it’s safe to say that the project secured long-term growth potential. $PEPU tokens are currently selling for $0.00984, so you can get thousands of tokens at an extremely affordable price. With endorsement by leading crypto influencers like ClayBro and a strong community that keeps growing daily, Pepe Unchained is likely to bring massive returns for all
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Sep 25, 2024 at 04:25 am
- An early bitcoin whale has made waves in the crypto world, according to the onchain analytics platform Arkham Intelligence.
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- Babylon and Fractal Bitcoin: Exploring the Expanding World of BTCFi
- Sep 25, 2024 at 04:25 am
- While Bitcoin is solidifying its position in mainstream finance, opportunities for growth in Bitcoin-based decentralized finance (BTCFi) products are also expanding.
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- Meta AI Bags Hollywood Voices to One-Up OpenAI After ChatGPT Mimicked Scarlett Johansson's Voice
- Sep 25, 2024 at 04:25 am
- Meta is set to announce that it has hired some of Hollywood's most high-profile actors to voice its Meta AI chatbot.
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- Dogecoin Price Prediction: Trader Unveils Parabolic Rally Target, Eyes New All-Time High
- Sep 25, 2024 at 04:15 am
- Expectations for the Dogecoin price remain high as a crypto analyst has predicted a rally to a new all-time high for the meme coin.
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- Mega Dice ($DICE) Token to Launch on Exchanges in 5 Days, This Analyst Predicts It Can 100x
- Sep 25, 2024 at 04:15 am
- Mega Dice token ($DICE) will be launched on the open market in five days. With $1.8 million raised at presale, the upcoming exchange launch is widely anticipated.
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- DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing
- Sep 25, 2024 at 04:15 am
- The offering solves the liquidity issues faced by investors due to the 27-day deposit lock-up period.
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- Dogecoin, BNB, and BlockDAG Gear Up for Pivotal Developments as the Market Anticipates Significant Shifts
- Sep 25, 2024 at 04:15 am
- The coming months are set to be pivotal for investors watching Dogecoin, BNB, and BlockDAG, as each cryptocurrency gears up for significant developments.
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- LOKA Price Surges 20% After Binance Perpetual Contract Listing
- Sep 25, 2024 at 04:15 am
- Binance, the major cryptocurrency exchange, declared on September 24 that the LOKAUSDT perpetual contract will be launched today at 11:30 UTC.
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- XRP Price Prediction: Will Ripple Retest $0.70 as Taker Buy/Sell Ratio Turns Bullish?
- Sep 25, 2024 at 04:15 am
- Ripple's (XRP) price recently surged to $0.60, prompting renewed optimism around the broader market. While the price has again slid below the threshold, several indicators suggest that the token could bounce like it did six months ago.